Hiking Into Recession

Central Bank rate hikes are all the rage today as the BoE and ECB play along in following The Fed with an additional fifty basis point rate hike. The effects of this are rippling around the globe and felt in all "markets", including the Comex digital precious metals.

I know it's frustrating to see CDG and CDS in the red today but understand that it's not just a Comex smash. The selling is across the board and even stonks are down over 2%. More on that in a minute....

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Key Economic Events Week of 3/27

3/28 9:00 ET Case-Shiller home prices
3/28 10:00 ET Consumer Confidence
3/28 10:00 ET Vice Goon Barr on banks
3/29 10:00 ET Vice Goon Barr on banks
3/30 8:30 ET Q4 GDP second guess
3/30 12:45 ET Goon Collins
3/30 3:45 ET Mother
3/31 8:30 ET PCE and Core PCE
3/31 8:30 ET Personal Inc and Spend
3/31 3:00 ET Goon Williams

Forum Discussion

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by argentus maximus, Mar 24, 2023 - 12:42pm
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